BlackRock CEO Larry Fink discussed inflation issues and ESG investing in the energy sector Tuesday during a phone interview on 'The Claman Countdown.'
BlackRock CEO Larry Fink argued there is a huge disconnect between proposed fiscal policy and central bank responsibility during a time of rising inflation on 'The Claman Countdown.'ESG investing in the energy sector Tuesday on "The Claman Countdown."
He noted there is a "very large" fiscal stimulus from the U.S. government and governments in Europe amid, suggesting such policies make it "much harder" for central banks to combat it. Larry Fink, CEO of BlackRock Inc., speaks during a Bloomberg Television interview in New York April 19, 2017.in 2020 and the U.S. changing its legal immigration policy in recent years, among other factors. When asked specifically about U.S. government spending, Fink said "whatever deficit reduction" that the Congressional Budget Office estimated theHe also said the U.S. is "technically" in a recession if one looks at "raw statistics.
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